AsiaOne
An aircraft of German air carrier Lufthansa takes off from Berlin Brandenburg Airport in Schoenefeld, Germany on April 21. A surge in jet fuel prices from US$85-US$90 (S$109- S$115) to US$150-US$200 per barrel amid the US-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter of operating expenses, forcing airlines to raise fares…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
